New Delhi: Harley-Davidson’s India exit has left a number of people in the dark. Its dealers are heavily hit.
FADA said that Harley dealers were not informed about the exit earlier and they received only a ‘very minor compensation’ from the American company.
The company is reportedly paying a compensation package of ₹1,500 per sqft with a 10 per cent annual value-depreciated rate and a 6-month reimbursement of the margins of sale.
Hero Motocorp will be taking over Harley’s Indian operations but the process will take at least 6 months.
The number of dealerships has reduced to 13-14 from 33.
Cuttack: A promising youthful life ended in Cuttack on Sunday as a sophomore was electrocuted…
Mumbai: Ever since ‘Kantara’ became a phenomenal hit in 2022, movie lovers have been yearning…
Bhubaneswar: The husband of a sarpanch and a panchayat samiti member were critically injured as…
New Delhi: Pollution in the national Capital is going from bad to worse. As Delhi’s air…
Bhubaneswar: In order to streamline the road construction works, the Odisha government is planning to…
Patna: The trailer of ‘Pushpa 2: The Rule’, one of the year’s most anticipated films, is…
Patna: It was one of the most anticipated events in the Indian film industry -- the…
Bhubaneswar: With Odisha government taking a serious note of unnatural death of elephants, the Forest…